Economic Investment Trust Stock Price on October 3, 2023
| EVT Stock | CAD 165.00 1.00 0.61% |
Below is the normalized historical share price chart for Economic Investment Trust extending back to March 18, 1980. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Economic Investment stands at 165.00, as last reported on the 26th of December, with the highest price reaching 165.00 and the lowest price hitting 165.00 during the day.
If you're considering investing in Economic Stock, it is important to understand the factors that can impact its price. As of now, Economic Stock is very steady. Economic Investment Trust secures Sharpe Ratio (or Efficiency) of 0.0278, which denotes the company had a 0.0278% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Economic Investment Trust, which you can use to evaluate the volatility of the firm. Please confirm Economic Investment's Mean Deviation of 0.5343, downside deviation of 1.49, and Coefficient Of Variation of 3167.26 to check if the risk estimate we provide is consistent with the expected return of 0.024%.
As of the 26th of December 2024, Total Stockholder Equity is likely to drop to about 952.3 M. In addition to that, Common Stock is likely to drop to about 163.1 M. Economic Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 154.1684 | 50 Day MA 169.417 | Beta 0.747 |
Economic |
Sharpe Ratio = 0.0278
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Estimated Market Risk
| 0.87 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Economic Investment is performing at about 2% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Economic Investment by adding it to a well-diversified portfolio.
Book Value 239.994 | Enterprise Value 877.5 M | Price Sales 2.2623 | Shares Outstanding 5.6 M | Market Capitalization 926.6 M |
Economic Investment Valuation on October 3, 2023
It is possible to determine the worth of Economic Investment on a given historical date. On October 3, 2023 Economic was worth 114.23 at the beginning of the trading date compared to the closed value of 113.07. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Economic Investment stock. Still, in general, we apply an absolute valuation method to find Economic Investment's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Economic Investment where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Economic Investment's related companies.
| Open | High | Low | Close | Volume | |
| 114.23 | 114.23 | 114.23 | 114.23 | 200.00 | |
10/03/2023 | 114.23 | 114.23 | 113.02 | 113.07 | 1,500 |
| 113.07 | 113.07 | 113.07 | 113.07 | 1.00 |
| Backtest Economic Investment | | | Economic Investment History | | | Economic Investment Valuation | Previous | Next |
Economic Investment Trading Date Momentum on October 3, 2023
| On October 04 2023 Economic Investment Trust was traded for 113.07 at the closing time. The maximum traded price for the trading interval was 113.07 and the lowest daily price was 113.07 . There was no trading activity during the period 1.0. Lack of trading volume on 4th of October 2023 did not affect price variability. The overall trading delta to the closing price today is 0.00% . |
Economic Investment Trust Fundamentals Correlations and Trends
By evaluating Economic Investment's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Economic Investment's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Economic financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Economic Investment Stock history
Economic Investment investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Economic is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Economic Investment Trust will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Economic Investment stock prices may prove useful in developing a viable investing in Economic Investment
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 4.9 M | 4.5 M | |
| Net Loss | -20.1 M | -19.1 M |
Economic Investment Stock Technical Analysis
Economic Investment technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Economic Investment Period Price Range
Low | December 26, 2024
| High |
0.00 | 0.00 |
Economic Investment Trust cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Economic Investment December 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Economic Investment stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Economic Investment shares will generate the highest return on investment. By undertsting and applying Economic Investment stock market strength indicators, traders can identify Economic Investment Trust entry and exit signals to maximize returns
Economic Investment Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Economic Investment's price direction in advance. Along with the technical and fundamental analysis of Economic Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Economic to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0265 | |||
| Jensen Alpha | 0.0184 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 1.02 |
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Other Information on Investing in Economic Stock
Economic Investment financial ratios help investors to determine whether Economic Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Economic with respect to the benefits of owning Economic Investment security.